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't talk enough about it. and i've got to tell you, that's got to change in 2013. then there's europe. today, just today, i am wearing a tie that commemorates a brilliant strategy. one which works so amazingly that i'm still dazzled by it. what's happening on this tie? it's a man, a man in a suit kicking a can down the road. you see while the europeans were kicking the can, they gave themselves times to develop a plan to allow governments and banks to raise capital and fix the respective balance sheets at lower levels than anyone thought possible. coming into the year, you know what my number one worry was? we believe that every time italy and spain would have to raise money, do those deals, interest rates would shoot through the roof, bankrupting all involved, sovereign countries, companies, banks. instead, by letting cooler heads prevail through can kicking, smart private sector investors kicked the tires, not the cans, and they bought the debt. hit home runs every time they did. as rates came down hard, courtesy of bank backstop that did work. the europeans realized if they stopped
for weapon and mean. when he saw the pentagon estimate that the red army could overrun europe in two weeks, he wrote in the margin, i doubt. it took us three months just to take this on. when the spending request came in, ike would say i know those boys down at the pentagon. ike believed the real national security came from a sound economy. he was a deficit hawk. he controlled government spending and package. his famous speech warning against military-industrial complex came at the end of his presidency but, in fact, he been working on it all a long. mostly behind the scenes. heaven help us, he liked to say, that we'll get a president who knows less about the military than i do. this approach to the military was not just about the economy. in the berlin crisis in 58-59 and in early crisis with korea and vietnam in 1953, 54, the almost straight, the suez crisis in 1956, eisenhower was playing a bigger game for higher stakes. a west point cadet and a young army officer, ike had been a great poker player. indeed, he was so good that he had to give it up. he was taking too much money from his
, and liberation of europe. ike smoked four packs a day as a general, quit cold turkey in 1949. he gave himself an order to quit, he said. he had a heart attack in 1955, and operation in 1956, a small stroke in 1957, doctors worried about the blood pressure and ordering him to worry less. what do they they the job is, he said? he tried to relax playing golf. he played 800 times as president, a record, but golf was the wrong game for a perfectionist. he was grim on the course, and once through a chipping wedge at a doctor, howard snyder, when snyder tried to make him feel better about a shot from the bunker. he had a tumper. his mother would quote the bible saying he the conquer their own soul is greater than he who takes a city. ike would say his mother taught him how to control the temper. one of the aids said i thought what a poor job she had done. [laughter] when he was mad, he was like tearing into a steel furnace said an aide. he had trouble sleeping, and towards the end, took too many sleeping pills and an extra drink of too, worn out in the end, and looked it in 1960. ike, old golf playi
, but we are cleaner than europe is right now. so we haven't felt it. my main worry is the following. if the republicans and the democrats can't get together to solve the fiscal cliff, then you will need an external force, you will need major market selloff. you will need a major economic trauma to get them to focus. >> there are other things that have been on the table. i want to talk about a few of those, as soon as we come back. coming up, the republicans want a new formula for inflation, it's called chained cpi, it could slow the growth in payments to social security recipients, that's got some people mad. the president has said he could agree do it, but democratic lawmakers say no way. [ bells dinging ] ♪ hark how the bells, sweet silver bells ♪ ♪ all seem to say throw care away ♪ ♪ from everywhere, filling the air ♪ [ female announcer ] chex party mix. easy 15-minute homemade recipes you just pop in a microwave. like caramel chocolate drizzles. happier holidays. chex party mix. happier holidays. santho, ho, ho!anta! santa! want to see some magic? watch this! merry c
for the united states to open up a second front in western europe, and the british and roosevelt asked stalin to send molotov, a top general to washington in may i've '42, and june of '42 the united states said we are going to enup a second front before the end of the year in 1942. we promised that publicly and yet we don't open the second front until underof '44 and that's bass the british refused to go along with this and the united states and the british get involved in what marshall called periphery pecking in northern africa. marshall and eisenhower were serious. >> how did this lead to the cold war? >> because it led to a lot of mistrust between the united states and the soviets beginning -- the seeds of the colored war are visible during the war. and certain tension because the fact there was a second front, meant that the soviets had on their own to see that the german s -- were pushing across central europe and moving toward berlin, so we lost the military mission and on to diplomatic so there are doles being made between churchill and stalin of -- >> dividing up -- >> yeah, the brit
prefer to expand in asia than here, or even europe that i talk to. the bountiful energy found in america, all of the natural gas and all that stuff, i can think of just three companies taking advantage of it. and that's talking about exporting it. the partnership sign. a 20-year agreement with total today, cqp is the symbol there. the real problem is in the exporting of the cheaper, cleaner fuel that is natural gas. not burning it here. or manufacturing with it. the industrial renaissance as i've been telling you, as much as it just breaks my heart, is stillborn. it's not getting better. retail's a real worry. i think we've fallen off a gift cliff. so few companies i know are doing well this holiday season. it is looking like a total bust. courtesy of sandy, incredibly warm weather and, of course, the fear engendered by the serious issue that is the fiscal cliff. i see that weakness and i'm not crazy about these stocks, in general. but i think that the conclusion of the housing crisis is upon us. which means there will be more money going to building and fixing up homes in 2013 than ther
deal or not. futures are up and the dow gained 100 yesterday. but there is room for skepticism. europe's grappling with the same question helped by some decent uk inflation data today. and a t-bill auction in spain. our road map begins with what appear to be significant progress in the debt negotiations overnight. a whose proposal looking to raise rates for those making more than $400,000 a year. but senator corker on squawk just poured a bucket of ice water on those hopes. >> whitney boosts her recommendations on citi, bank of america and discover financial. is that move by one of the more famous financial bears, a sign of a new era for banks? >> walmart is once again the target of a "new york times" investigation. but does the paper add anything new and can the stock outperform just as it did last time. >> private equity firm server said it will sell the firearms conglomerate. is private equity talking about guns in the country. >> futures moving higher on optimism. the white house republicans rising above partisanship, getting closer to striking a deal on the fiscal cliff. we have t
-- europe. it is our goal and must remain our goal that greece at some point must shoulder its debts on its own and that the markets accept greece as a creditor. >> athens still has a long way to go before that happens. german lawmakers acknowledge the sacrifices greeks have already made and understand the ongoing protests. the necessary measures are hitting a lot of people hard. the new bailout package is worth 44 billion euros. germany will bear 730 million of that in the coming year. the opposition accuses the government of misleading the public about the true cost of helping greece. they say it will be necessary to restructure the debt. >> everyone knows that greece is bankrupt and that it cannot service such huge debt, and everyone knows that nothing will change in the long term and that the situation will only get worse with every year and every austerity package, and that is why the debt will have to be written off eventually, and that is going to be very expensive for germany. >> the opposition says a debt write off will have to happen, and say the finance minister is not coming cle
top story this hour. strong criticism from the u.s. and europe over israel's plan to build new settlements. >> the german government comes under fire for the alleged plan to sell tanks to saudi arabia's authoritarian rulers. >> happy birthday, sms. it is the 20th anniversary of the text message. >> israeli ambassadors have been summoned to various european capitals to face criticism over israel's plans to build homes in the west bank. the u.s. also slammed the mood as -- move as "especially damaging." >> israel's prime minister remains especially defiant. they announce the plans to build homes on friday in response to the plan to upgrade palestine to a non-member state. in the israeli ambassador -- >> israeli ambassador daniel taub. paris and berlin called in israeli envoys to express their opposition. they say that israel is sending an negative message in the midst of national -- international peace efforts. >> israel is undermining competency -- confidence. >> israel says it will build 3000 settler homes in eastern jerusalem and the west bank. also plans to accelerate constru
regulations, we filed the application right away, unfortunately i had to leave for europe almost immediately after, but we worked closely with the commission throughout and we completed i think all the necessary inspections and approvals from the city departments including the police department, the fire department, building including basic building and electrical, public health and the planning department. we also completed a fairly extendbacker extensive outreach program per the good neighbor policy, we talked with a large number of the surrounding businesses in the same building and masae's also made contact with people who are living in the immediate vicinity, and they gave very nice favorable comments on festa. i would like to say by the way, we very much appreciated the commission's help and guidance as we moved through this process, it's been much appreciated. well, on the outreach program, again, i think it's fair to say that masae and her team have built very good and friendly relations with all the neighboring businesses in the building. the overwhelming majority of the neighboring
you will have your own views on that one. as a euro crisis crimes on, people all over europe are looking for safer ways to invest their money. in many countries, they believe the answer lies in property. property prices on many big cities are still booming, and that means there is a shortage of affordable housing for students or low-income families. people being priced out of a home has become a major problem in hamburg in germany with many people forced to live with relatives or to commute long distances to work or study in the city center. the challenge now is for the authorities to provide new, cheaper housing, but, of course, finding they could building plots in a city is not always easy to do. dan hamburg's knew of market city district has become a tourist attraction. hamburg is a rich city, and it is becoming less and less affordable for average earners. many here live a shadowy existence, on the go all day with no place of their own, spending nights on the sofa us of friends. lena is studying political science at the university of hamburg. she is not registered, so we
that is necessarily the right body to do it. it certainly does not think that all 6000 banks in europe should be involved. france on the other hand -- france and spain leading the charge, saying that this must be done now. financial markets are being very good and not panicking, but if they see continued failure of eurozone finance ministers to agree to this, we might get the restoration of finance of duties, which of costa much trouble in recent years. the deadline for agreeing is no overarching bank advisory super body is meant to be in place on january 1. it does not look likely, and a lot of frustration at this meeting today with the sides deeply divided and no sign of agreement. that, of course, is the basic issue -- why has there not an overarching supervisory control? precisely because it was difficult to do then. the eurozone crisis highlighted that failure, and we've still got the same problems blighting the regular meetings of finance ministers. >> despite the eurozone crisis, german exports are still robust. >> we will have the latest on the german export data later on in the progr
. champagne sales are going flat in europe. so far this year, champagne shipments from popular french regions have dropped 5%. while many blame the euro crisis, cold weather and rain have damaged this year's crop of grapes needed to produce the festive beverage. however, while sales are down in europe, demand from the u.s. has remained steady. champagn sales are expected to bubble up for year-end celebrations. forbes is out with its annual list of overpaid actors. eddie murphy plays high this year, coming in at number one. according to forbes, the actor has had a string of flops following the blockbuster shrek movies. forbes estimates for every dollar murphy is paid, the return on average for his last 3 films is $2.30.katherine heigl logs second with a return of $3.40. reese witherspoon is third at $3.90. sandra bullock at 4th with $5, and jack black rounds out the list at $5.20. still to come, how friction in washington is chipping away at the economy. chuck coppola has a report. but first, places to park your money in 2013 is next, with bill moller. in the eyes of the world, the u.s. is po
, probably less so in europe and japan. but there will be a ripple effects. >> are you worried about it? >> yes. of course i worry about it. the u.s. is a big chunk of the global economy. it has often been a driver of growth. and to have that player virtually flat, if not in recession, would be bad news for the rest of the world. we do not need that because recovery is fragile. we do not want to have this knock on affect on the fragile recovery. >> what would your message be to members of both parties on capitol hill as their negotiating? >> i would say focus on the real issue. the real issues for me are the supremacy of the united states and its leadership role in the world. the u.s. has an economic leadership in the world. it is a safe haven. to make sure -- the uncertainty has to be removed. if you have dealt with your own issues, and then you can help and advise, and then you can encourage. if you speak from a weak position, it is more difficult. >> you have warned about the risks of political games. what did you mean? >> please try to take a higher view and look at the broader hori
in europe and america. it is all about jobs. that is when it comes down to. these are countries who have lived with decades of authoritarian rule. in tunisia, 75% of its exports go through europe. there is also a physical problem. you need a leadership concentrating on the right issues. there is a criticism here. in tunis, the leaders are too bogged down in political battles. the role of religion in the street -- state. two years of feels like a long time if you are waiting for a job. >> a long time indeed. stay with us all of this week for special coverage of arab spring anniversary. we have a special section on our website looking at the political changes in the region. just go to bbc.com/arab uprisings. shattered and her broken, the two australian deejays to make a prank call to the hospital said they feel after the death of the nurse then spoke to. the two radio personality speak about what they say was a tragic turn of events that no one could have predicted. our royal correspondent has the latest. >> they have made the journey from the family home in bristol. floors have been place
at the fair to potential clients in the u.s., europe, and china. >>> the nobel prize winner is eager to get back to work. >> he shared this year's nobel prize in physiology or medicine with a british scientist. his family joined him at the ceremony in stockholm. >> he received the award for his work with stem cells. >>> japanese children are scoring better in math and science. some results are less encouraging. the international mathematics inside study has been conducted every four years since 1995 by an international academic society based in holland. about 500,000 students and 60 countries and regions across the globe took part in the 2011 test. a total of 8800 students from japan took the exams. they were fourth graders and eighth graders. japanese fourth graders scored better on average than four years earlier in both math and science. the science scores of the eighth graders also improved but math remained unchanged. the latest test results don't reflect their interest in future occupations. many students say they enjoy studying math and science but when asked whether they want a job
to market internationally in the way that moore really seemed to fit with the modern movement across europe and the world. so an agency like the british council, looking to promote british culture and a new view of britain as a great power but coming to terms with the aftermath of the second world war, would listen to these voices telling them that moore is the great artist around at the moment. (narrator) that international stature permitted moore to work on a larger scale, a dream since the early '30s. he could now afford to hire assistants, including anthony caro, who would go on to a successful career of his own, with works like the national gallery ledge piece, installed in 1978. i thought he was the most interesting sculptor around. and really, i went to ask him if i could work with him, work for him, because i'd had too traditional a studentship. a studentship, really, where we were taught by people who thought that art was about nymphs and fawns and generals on horses and that. i used to drive him into london from much hadham and we'd talk about art. we'd have little conversations a
data showing the private sector has expanded for the first time since april and signaling europe could avoid a recession in q4. >>> and japan's business sentiment sours in the fourth quarter. this reading comes two days before a nationwide vote that suggests it will hand the ldp position a landslide win. >>> we're going to give you all the latest results from the flash december data for the pmi for the eurozone that we're just getting out. the overall, the deposit is a touch stronger for the month of december. the details show the manufacturing weakened slightly and its services strengthened slightly. they are overall still in negative territory. and we're seeing the euro/dollar respond a little bit to the downside. down about 0.01% trying to fight back into flat on the day. 130.75 is the level there. again, the services pmi is at 47.8. compared with the 47 that was expected. it's a five-month high. the manufacturing pmi, 46.1. the manufacturing all told, 46.3. that's a bit under the poll of 46.6. with more on the reaction to these figures, we have rob doddson with us. rob, welcome. it
't harm the patient. right now this economy is getting weak. we've seen higher taxes have done in europe and southern europe. france and germany about going into recession. japan is already in recession. why apply the poison here. you don't put it on taxes on the economy and why put poison in the patient. i don't get it. >> i'm not for tax hikes or anything, but if you kick the can voters are never going to be ready to reform or pay for entitlement reform. don't do entitlement reform. it took two years for reagan to do entitlement reform. sell by date is long past due on these measures to fix fiscal problems. the problem is we're in economic era of falling expectations and that has to stop. >> if we kick the can for six months that gets us to midterm elections? >> yeah, but the flip side of the argument you can pass a lot of bad bills. nancy pelosi, let's pass the healthcare bill so we can see what is in it. the big thing that we need to concentrate on is getting back to 3% growth. this 2% growth, all of our fiscal problems are going to get worse. we only have a prayer of supplying more
the south and east of oklahoma city. 18 in the mid part of your week. as we take a look over toward europe, the balkans, watching severe weather. reports of up to 65-kilometer-per-hour winds has been seen. now moving off toward turkey. gusty winds, heavy rain falling with frequent lightning as the system continues to move off toward the east. much of central europe, conditions remain rather mild. airport delays actual until berlin due to heavy fog continue here and don't we surprised going into paris and london you see airport delays as well due to the system. look at all the areas in blue, indicating heavy rainfall. gusty winds coming out of this, likely reducing down air visibilities. in the west, temperatures mild. a pair of tens as we look toward the east, though, minus 16 in moscow for the high on thursday. here is a look at your extended forecast. >>> we will be back in 30 minutes with more news. i'm gene otani in tokyo.
. >> it certainly has been very wet for some of us and the southeastern part of europe. using a massive cloud spinning around, giving us the very heavy downpours. further north, generally fine and subtle but it does mean this time of year it is also incredibly cold. don't adjust your sets -- this is the snow blowing through. a blizzard. we are seeing very cold conditions across many parts of russia down through to the ukraine and poland as well. snow and ice is already on the ground and causing quite a few problems with the driving as well. for many of us in the eastern parts of europe, it will stay very cold but the system over the southeastern parts will be spinning around and also giving heavy showers across parts of libya down through egypt as well. for the western parts of northern africa, mostly fine and subtle. not a great deal of problems with the weather. to the east, some of the showers could turn out rather strong. but whether it can also be making its way further to the east, too. already plenty of heavy downpours -- and more heading through thursday. all of it pushing steadily to
in europe and soured relations between japan and china. they also referred to the bank's latest tankan survey, showing business sentiment among major manufacturers falling to the worst level in almost three years. incoming leader shinzo abe met bank of japan governor on tuesday. he said he wants to set an inflation target of 2%. policy makers decided to discuss the inflation target in their next meeting scheduled for next month. >>> after the meeting shirakawa stressed the board members will discuss at length abe's demands. >> translator: we will spend the next month preparing for the discussions. i hope we will reach a conclusion at the next policy meeting in january. there is no final decision at this point. >> abe gave a cautious comment on the bank of japan's decision. >> translator: the central bank is putting into practice one by one what we campaigned for in the lower house election. i hope to see a good outcome from these moves before the upcoming upper house election. we work hard so people won't vote against our party as they did to the democratic party in the recent general
of energy to europe. >> putin was speaking in brussels, where he has been holding talks with eu leaders. his first visit after he was reelected. although russia and the you are close trading partners, there are various contentious issues which divide them. >> vladimir putin did not waste any time on arrival -- just a quick way that the cameras. outside, protesters clashed with police. the women's rights activists were not mincing words, telling the president to go to help -- go to hell. inside, the eu message to russia was also clear. >> we will discuss commitments to guarantee our citizens democratic rights. >> the biggest disagreement is over energy issues. the eu has been critical of new gas pipelines from russia. the south stream pipeline is meant to carry russian gas through bulgaria to austria and italy, but the u.s. and russia are arguing over the rules to be applied to the new pipeline. >> it is true that some difference remained regarding some aspects of energy relations between europe and russia. >> european demands for russia to separate gas companies and distribution channels hav
and europe. the country boasts more than a 20% share in the global medical capsule market. mitsubishi chemical representatives said the medical capsule business has a potential for stable growth. they added the company will continue to expand in the medical and health sectors. that's the latest in business. here's a recap of market figures. ♪ ♪ >>> japan's liberal democratic party leader shinzo abe will form his new government today. abe led his party to a landslide victory in the recent general election. a special diet session will be convened on wednesday afternoon to choose the successor to outgoing prime minister yoshihiko noda. abe will be elected prime minister by voting in the upper and lower houses. he will be the first japanese prime minister in 64 years to be given a second chance. abe was prime minister for one year until he resigned in september 2007. abe plans to immediately start forming his cabinet. he'll hold a news conference in the evening to lay out his government's visions. the new government is not short on challenges. one urgent task is restoring the country'
by the lower court. >> he admitted to manipulating more than 20 games across europe. together with a group of accomplices, he plate -- paid cash to players and officials to influence the action on a field. he put big bets on those games by bookmakers in asia. the court today confirmed that it was a clear attempt to cheat them out of money. >> the court today made a clear ruling confirming that the manipulation of sporting betts announced -- amounts to fraud. the bookmakers were in effect deceived. >> but the judges also overturned parts of the original verdict. he had already served time in jail for a previous scandal involving a referee. in his second trial, he helped the police investigation. the judges say that was not reflected in the sentence, but he cannot count on a softer sentence when the case goes back on trial. prosecutors will be trying for a longer jail term. europe's biggest betting scandal is far from over. >> let's stay with soccer. it has been a relatively easy draw for germany's key teams in the second round of the champions league. let's have a look now at the upcoming m
china and europe and japan are having major problems of their own. that could affect the way they do business with us. joining us is to talk about, ed, good to see you. biggest problem some of these governments to stimulate their economies, die let's just print a bunch of money. that has catastrophic events with them and even with the united states that may tried traded with them. >> that seems to be just to print money. that is not how it works. when somebody prints money, it's devalues their currency which makes anything they want to export or anything that they are importing more expensive. that is why your food is more expensive because we imported a lot of that. that is why energy is more expensive because we import a lot of that. if every country is doing that, its race to the bottom how quickly they can devalue their currency. >> we trade with so many different nations. we trade with europe and certainly with china. look at our trade imbalance and you can figure that out. europe has only a handful of countries that are doing decently? >> there is about six. they are in the nor
's fueling the weather. houston expect your temperatures to drop right off. then as we look into europe, several storm systems pushing across central and western europe bringing heavy rain showers at times. but temperatures on the mild side. london and paris at 9 and 11. really cools off in moscow. minus 1 for your high on your wednesday. here is a look at the extended forecast. >>> we'll be back in 30 minutes with more news. i'm gene otani in tokyo. from all of us here at nhk world, thanks very much for joining us. have a great day wherever you are.
in vienna. it is europe's seconds oldest, founded in the early 18th century. keller is the youngest master painter but she has traveled to ishikawa preif he can hurricane is the home of kit tanny-style porcelain, to learn how it's painted. >> there are some differences and it's very interesting to learn and to see and to get more inspiration for working at home. >> reporter: keller's first stop is the workshop of the popular kit tanny ware pay thor busan fukushima. here she can take a close look at his elaborate brush work surrounding the ceramics. keller was surprised that even for fine lines, kit tanny artists use brushes, the austrians use a kind ofani arti use brushes, the austrians use a kind of metallic pen. >> reporter: next, keller was shown how to use pigment the kitani way. they use special pigments to make the five primary colors like red, blund yellow. for example, they mix the pigment with metal or glass. after firing, the color changes critically. this does not happen with austrian pigments. >> and what is this color? >> reporter: now keller gets down to work. after the basic
market will carry into the new year. and, then there's europe. major headlines on the region's debt crisis have been noticeably few. and that has traders spooked. still, some market pros are upbeat about the outlook for stocks next year. >> our year-end target for 2013 is 1,525 to 1,575, that's our range for the s&p 500. if you look at it from current levels, you tack on a couple of percent for dividends, so it will be another good year. >> reporter: a good year for stocks next year perhaps. but, 2012 isn't over yet. and, there are fresh worries there may be more selling in the next few days, as investors look to lock in at least some of this year's profits. suzanne pratt, "n.b.r.," new york. >> susie: 'tis the season for procrastination, but don't worry, there are still three full shopping days left until christmas. and what better time to get started than tomorrow. it's expected to be the busiest shopping day of the year and the best prices so far. during the last weekend before christmas, retailers are marking down merchandise by as much as 70% and they'll be pulling out all the
for shorter, thinner trees, as europe and america have themselves a slightly more frugal christmas. across the industry, sales are expected to fall 15% compared with last year, so the businesses that are doing best are the ones that can adapted to the new reality. this luxury plastic tree used to be popular, but this year, this factory boss tells me the thinner trees account to a to two-thirds of sales to his european customers. it is not just trees. some factories report that foreign customers are buying smaller bobbles, too. amid the gloom, the chinese christmas factories are looking for sales in a surprising place, the domestic market. more and more people are following christmas traditions and others. this man tells me, "i want to set up my own christmas decorations store one day." as europe and america become, well, a little more scrooge like, they need their own people to be the source of glad tidings for christmases to come. bbc news. >> well, china, the country has been giving the song "gangnam style" a bit of a makeover. >> at this be marked -- at this theme-park. that song is a w
a tightrope between her german voters who do not favor bailing out europe and the european union. best politician, angela. you got it? you can write that down. pat, put it in your column. worst politician. >> susan rice. she was fed these phony talking points by the cia. she went on a defensive. and president obama left her, john, twisting slowly, slowly in the wind. she's gone. >> she'll still be our u.n. ambassador, though, pat. i give worst politician to mitt romney who never quite came across as human. and he lost. in part, because of his personality. >> she is going to stand you up, ambassador? >> yes. >> herm an cain again because a man who runs for the presidency who didn't think that his personal life would ultimately blow up presidency. >> does he have a job? >> he does. i don't know that he has -- >> he is a great -- he has a great future in talk-radio, i am sure. >> clarence, something for us? >> yes. worst politician, clint eastwood, although he is a good actor. >> this is very domestic. i will though it out on a larger scale for you. does that help you any, pat? worst p
by the negativism by the fiscal issues europe and the u.s. >> susie: you told me there were oil and gas americ mergersu think that tech could be an air yeah wirarea. what kind of gived guidelines can you give to investors so they can take advantage of these trends. >> there is a huge boom inenergd healthcarhealthcare in particule new healthcare system is going to be a lot. you have to look at companies that have had success but need more capital to get to the next level. exploration and production companies and energy that have done well and need capital. you can raise it or you can join forces with somebody else. very often the decision is to merge and not raise capital and take that risk. >> susie: and in tech what should they look for. tech is such a huge area we have a few seconds left what are your thoughts? >> look at the base companiesan. the kind of service that's county of victoria to their -- o their base line services. >> thanks bob, have a greatweek. bob pr profusek. >> susie: the price of gold fell slightly today, as the fiscal cliff drama in washington continues to weigh on marke
, what has been going on in europe for a long time. dwindling religious interest. is that finally coming to the united states after 50 years of prediction? >> i think what is interesting to me this year is how much more visible secularism is. or nonreligion or unbelief. traditionally we think of churches and synagogues and mosques and we never think of this group of people, as kim said, have no interest in it. andit always seemed th they are a fairly small group, kind of on the edges. there is a study that came out this week that said unbelievers, and the religiously unaffiliated are the third largest group in the world. there are as many unaffiliated people in this world as there are catholics. it is a giant mental shift to realize the religious landscape we thought we knew is much different, i think. >> and i think your point is really interesting. we americans have resisted those trends that wesaw in europe over several generations. and i don't think we have a clear answer yet. are americans becoming more european secular in their approach to religion? but it is a first time you're se
was 'build the middle class.' i don't know if the next leader will make that his goal." and in europe, observers think the worst is over, but the first half of the year will be slow. "they're going to make progress, but not enough to change much. what they need is private equity, private investment." finally, investing in community or regional banks - an alternative that may surprise you. "you can invest in small banks and help your community. if enough people do that, the country will improve." lastly, financial analysts say the ipo calendar will be worth tracking in 2013. with roughly 150 private companies ready to make their initial public offerings, more than in each of the last two years. a possible strike that would hit ports stretching from massachusetts to texas could have a ripple effect on the national and global economy. just days after a west coast port strike was resolved, this new walkout is being threatened by nearly 15,000 longshoremen union members who are upset over wages and royalty payments. the strike would cripple 15 different ports. the union did not answer our
of liters of maple syrup they are missing. europe khas weather is looking unsettled at the moment. we -- europe's weather is looking unsettled at the moment. torrential rain, leaving more than 100 flood warnings in force, and yet more weather systems moving in from the west. flooding issues here leading up to christmas. elsewhere, we are seeing some significant snowfall over the last day or so, causing problems across much of the country. we are expecting improvement here. the snow tending to move away. ukraine seeing heavy snow, desperately cold weather here in. as for the west, we are seeing that rain pushed in across the uk, down into much of france. flooding is likely. it should be fine across much of the iberian peninsula, 15 degrees expected in madrid. further east, this extends through north africa, so for both tripoli and benghazi, it will be cloudy, the chance of some showers. 19 degrees in cairo as a maximum. along the coast, for the west, whitely dryer -- likely dryer. solutions for america, friday, 7:00 p.m. eastern, 4:00 p.m. pacific. >> hello again. top stories on al jaz
for the high. it's going to be chilly, winnipeg at minus 10. and let's look over towards europe in the british isles, cloud cover towards western europe. that is a very strong and deep low pressure system and the threat with this one as it pushes in, won't just bring heavy rain showers but strong high pressure down towards the south keeping things dry in the iberian peninsula and interacting creating lines close together, a tight pressure gradient, up to 120 kilometers per hour especially along the west coast of the u.k. and towards ireland, that's continuing to push to the northeast. it's going to be raising up temperatures. we'll see rain in the scandanavian peninsula and the threat there is snow melt and avalanche. farther towards the south, things will be remaining on the dry side. you'll see temperatures near the freezing mark towards vienna. 2 degrees for the high. london and paris, as warm air pulls in, you're seeing above average temperatures. london and paris 11 and 13 on your saturday. madrid, up to 11 degrees. let's look over towards eastern asia into japan. starting to bring heavy
into recession, and i think this will have repercussions in europe and asia as well. >> that sounds very serious. how are americans responding to all of this? >> the majority of the people are just frustrated. they are tired of this partisanship. they want politicians in washington just to do their job. i think consumer confidence will go down, and the stock markets, wall street will probably go south. >> thanks so much. >> as we just heard, uncertainty is the word now in markets now on both sides. let's get the lowdown on sentiment among german investors as trading closed in frankfurt. >> nobody here believes that the u.s. will fall over that fiscal cliff. it would just be too great, the consequences to dyer, not just for the united states, but for the world economy, too, also for germany, but people do not know, and they do not like the prospect of a decision may be taking more time, may be even reaching into the year 2013. it would be a pretty bad start, a rumbly start to the new year, people think. the trading was careful. the shares lost some momentum in late trading, late european trading
likely signal a partial shift away from her hard line stance on europe. and more danger may lie in wait for merkel outside of the country. merkel may have steered a steady course in the euro zone, sovereign debt and banking crisis, but the problems are far from over. >> we are still in the financial crisis and we don't know what state of emergency will pop up in the next year. the global economy will be a serious problem. >> 2013 may also be the year when germany starts to feel what much of the rest of europe has suffered through, the pain of a recession.
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